Wednesday, July 15, 2015

Tripura govt announces 5% increase in dearness allowance

The Tripura government today announced a five percent hike in the dearness allowance (DA) for its employees and pensioners, state Finance Minister Bhanu lal Saha said.

"This decision was taken in the meeting of the council of ministers chaired by Chief minister Manik Sarkar today. We are facing a financial crunch, despite that we released the DA in view of price hike," the minister told reporters here.

He said that over 2,09,000 government employees and pensioners would get the benefit and the state government would have to spend an additional Rs 162.5 crore from the exchequer.

Tripura government employees and pensioners would now get 74 per cent DA, while central government employees were getting allowances at 113 per cent, Saha added.

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